Category: Semafor

Algeria agreed to increase LNG exports to Spain, part of renewed foreign interest in African energy supplies as the war in Iran sends prices soaring. The decision came just days after Italy’s prime minister traveled to Algiers to secure greater gas supplies; Ukraine also said it would increase gas imports ...

The US said it was monitoring a surge in detentions of Panama-flagged ships by China, which it warned was linked to a recent decision by Panama to cancel a port concession for a Hong Kong-listed firm. In January, Panama — under pressure from Washington — canceled CK Hutchison’s contract to ...

China named the official translation for tokens — the units of data processed by AI models — after its own currency, as Beijing looks to shape the rules of the AI economy. By settling on Beijing ended a debate within China’s tech scene over the term: The move was “widely ...

Global investors are pulling a record amount of capital from Asia’s emerging-market stocks — with China a notable exception. The region is especially vulnerable to energy disruptions stemming from the war, and oil-reliant nations like Taiwan, South Korea, and India saw the steepest outflows, Bloomberg reported, surpassing the pandemic-driven exodus ...

The war in Iran is set to weigh on global growth this year, the OECD forecast Thursday, knocking the world’s economy off a path of strong expansion. The global economy was set for stronger-than-expected growth before the conflict began, but the near-halt to energy shipments from the Gulf “could result ...

The News President Donald Trump is bypassing Congress and paying TSA workers as the partial shutdown drags on, he announced on Thursday. His move comes with big legal and political questions. Trump’s decision comes 41 days into a Department of Homeland Security shutdown and after several Democratic attempts to pay ...

Population growth is slowing across the US due to a steep drop in immigration, new data shows. Some 40% of US counties experienced a net loss in people, with large cities seeing especially sharp immigration declines as US President Donald Trump returned to the White House and pledged a massive ...

The least satisfying, but most accurate, thing to be said about private credit right now is that it’s working exactly as it’s supposed to. Funds are limiting customer withdrawals just as they said they would and if it all sounds a bit paternalistic — protecting unsophisticated investors from the consequences ...

Repair costs from reported damage and shutdowns hitting fossil fuel infrastructure in the Middle East could amount to at least $25 billion. Rystad Energy expects the bill for restoring LNG trains, refineries, fuel terminals, and key gas-to-liquids facilities to climb even further, largely driven by engineering and construction costs, and ...

Some of the largest renewable energy investors are still bullish about the US market despite antagonism from the Trump administration. Private equity giant Brookfield on Wednesday spent $6.5 billion, alongside Caisse de Depot et Placement du Quebec, to acquire the Canadian renewable energy company Boralex, which has a 4-gigawatt pipeline ...